Biometrics on mobile and wearable devices set to become the universal personal authenticator
Goode Intelligence has issued a new analyst report covering the mobile and wearable biometric authentication market, and predicts biometrics will be mainstream on mobile devices by the end of 2015. It also reveals that biometrics will start to migrate to wearable devices during the second half of 2014.
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London, United Kingdom - June 17, 2014 (www.investorideas.com newswire) Goode Intelligence (www.goodeintelligence.com), the leading research and consultancy organisation for the mobile security industry, today issued a new analyst report forecasting that by 2019 there will be 5.5 billion users of mobile and wearable biometric technology around the world.
Goode Intelligence predicts that initially this will be driven by the integration of fingerprint sensors in high-end smartphones and tablets. This will subsequently be quickly followed by other innovative biometric technologies deployed as part of either FIDO Aware solutions, proprietary-device OEM led initiatives such as Touch ID, and integration into multi-factor authentication (MFA) platforms.
Biometrics is a natural way for users to authenticate and, wearable technology such as smart watches, bands and smart glasses, offers significant potential to support biometric technology for authentication purposes. Goode Intelligence predicts that Apple will integrate biometrics, either its Touch ID fingerprint solution or another biometric modality, potentially heartbeat recognition, into its iWatch smart watch device later in 2014.
The report, Mobile and Wearable Biometric Authentication: Market Analysis and Forecasts 2014-2019 shows that the key drivers behind the adoption of mobile and wearable biometric authentication include:
Convenient authentication: Easier and more convenient to use than conventional technologies, biometric authentication matches well with mobile and wearable form factors
Replacing Password and PINs: Passwords are not secure or convenient, so they are not considered suitable for mobile and wearable devices
Driving mobile payments: Payments are an important driver for the adoption of mobile and wearable biometrics. Biometrics can provide strong authentication solutions either at the physical point of sale, online or through mobile wallets. The introduction of fingerprint biometrics for PayPal on the Samsung Galaxy S5 smartphone in April 2014 is a ground-breaking move which will lead to other payment providers and networks following suit
Securing enterprise mobility: Enterprise mobility solution providers including Good Technology and AirWatch, are turning to mobile biometrics to replace PIN/Password-based authentication solutions
The authenticator for the Internet of Things: Mobile and Wearable biometrics is seen by many to be the universal authenticator for when humans interact with connected devices - the Internet of Things
"We believe that smartphones and tablets will be the first wave of consumer devices to be biometrically-enabled and this will quickly be followed by wearable technology" said Alan Goode, author of the report and founder of Goode Intelligence.
"We are very much at the beginning of another transformational aspect of authentication – the use of wearable technology for authentication purposes, in particular leveraging the next wave of biometric technology to create seamless, continuous, authentication. What will be truly transformational about the use of biometrics on wearable devices, is the birth of the universal authenticator – a device that intuitively knows who we are, where we are, what we want to do and can open doors – both physical and virtual.
"We have already seen two of the largest smart mobile device (SMD) manufacturers (Apple and Samsung) launch flagship models with integrated fingerprint sensors allowing convenient biometric authentication for millions of users around the world.
"With millions more mobile devices being launched during 2014 that allow users to biometrically authenticate into a wide range of services including payment and enterprise services, this report provides detailed analysis on one of the most dynamic areas of technology today."
Goode Intelligence is the leading research, analysis and consultancy organisation for mobile security, authentication and biometrics industry; providing services to global technology and telecommunications organisations. For more information about Goode Intelligence please visit www.goodeintelligence.com
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